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HomeMy WebLinkAboutReso 1953-1390 RESOLUTION NO. „1390 RESOLUTION OF THE, CITY COUNCIL APPROVING AGREEMENT FOR THE CONSTRUCTION OF IMPROVE= MENTS IN GLENVALE THE CITY 'COUNCIL'OF THE' CITY OF CHULA VISTA DOES HEREBY RESOLVE AS FOLLOWS: SECTION 1. That certain agreement between HOBART INVEST- MENT CO. , a co-partnership, and the CITY OF CHULA VISTA, a muni- cipal corporation, dated January 12th, 1953, a copy of which is attached hereto, and incorporated herein, the same as though , , fully set forth herein, be, and the same is, hereby approved. SECTION 2. That the Mayor of the City of Chula Vista, be and he is hereby, authorized and directed to execute the same for and upon behalf of the said City upon the posting of the bonds by HOBART INVESTMENT CO. , as provided for in said agreement. • ADOPTED AND APPROVED by the CITY COUNCIL Of the CITY OF CHULA VISTA, CALIFORNIA, this 13th day of January 4953 by the following vote, to-wit: ' .AYES: COUNCILMEN R• : - _. . ... - . IHP t• NAYS: COUNCILMEN None ABSENT: COUNOII NEN Hobel Tayoro' e 3. 10_i ._ a a ATTEST: _ iyCer by Deputy STATE OF CALIFORNIA ) COUNTY OF SAN DIEGO ) ss. CITY OF CHULA VISTA ) I, , City Clerk off' the City of Chula Vista, California, DO HEREBY CERTIFY that the above and foregoing is a full, true and correct copy of Resolution No. , and that the sane has not been amended or repealed. DATED: City Clerk - by Deputy • CONTRACT FOR COMPLETION OF SUBDIVISION IMPROVEMENTS • IT IS HEREBY AGREED by and between the CITY OF CHUM VISTA, • a municipal corporation, and HOBART INVESTMENT CO. , a co-partner- , ship, composed of A. L. LYNDS, R. E. TYSON and H. H. JOHNSON, • • ' hereinafter called Second Party, as follows: • WITNESSETH: . Whereas Second Party is the owner of, and proposes to subdivide according to the laws of the State of California and the Ordinances of said City, the real property particularly described on the map of said subdivision heretofore filed with the City and entitled • •• 'tGLENVALE"; and • Whereas said City has approved said map and the improvement plans of said subdivision, and requires as a condition precedent to the acceptance of streets and easements and the filing of said Map, assurances for the completion of the public improvements according to said map and improvement plans and the Ordinances of said City; •• NOW THEREFORE, IT IS HEREBY AGREED BY and between the City of Chula Vista and said Second Party as follows: 1. Said Second Party agrees to undertake and complete, and to pay for all labor and materials in connection therewith, within a period of 365 days from the date hereof, all the necessary work • • of installing said improvements in the hereinabove described sub- division in full conformity with the Ordinances of the City of Chula Vista, the laws of the State of California and the directions of proper officials of the City of Chula Vista, California as may be •• applicable thereto. Said improvements are more particularly described as follows: Improvements Estimated Cost Grading, 3650 c. y. ' $ 1,825.00 Paving, 26,$52 1. f. 4,$33.36 Curb and Cutter, 2,030.41 1. ft. 3,248.66 Sidewalks, $,700 s. f. 3,045.00 • Valley Gutters, 497 s. f. 19$.$0 Sewer Main, $ inch, 1,567.5 1. f. 3,91$.75 /� Manholes, 6 each 900.00 /��39� nr ■ Sewer laterals, 720 1. ft. 1,440.00 Storm Drain 5,000.00 TOTAL $24,409.57 The Second Party further agrees to indemnify, protect and hold harmless the said City of Chula Vista from any and all claims of liability for personal injury, property damage, labor or material claims which may be made .against •said City by reason of said work and installation of improvements as herein provided. 2. As a guarantee and as security for the full and faithful • performance in complying with all the requirements for the completion of said subdivision as aforesaid, the said Second Party shall deliver to the said City of Chula Vista, upon the execution of this agreement, a good and sufficient bond executed by an authorized surety company satisfactory to the said City of Chula Vista in the sum of $24,1409.50. 3. As a guarantee and as security for the payment of all labor and material claims for the completion of all said improve- . • ments, the Second Party shall deliver to the City of Chula Vista a bond in the sum of $12,204.75, by its terms made to inure to the benefit of laborers and materialmen for labor and material performed • or furnished in the performance of this agreement. 4. Upon the execution by Second Party of this contract and the • posting of the bonds as herein provided, the City agrees to approve • the Final Map of .said subdivision and accept the same for recordation. DATED: January 12th, 1953• ATTESTED TO HOBART INVESTMENT CO. yZ !f BY /1"."---City lark of the Ci of Chula Vista, California. • Approved as to form and CITY OF CHULA VISTA, CALIFORNIA Legality: eit BY ,0P5L mil` Mayor - City Attorneyof the City of Chula Vista, Califacnia.